Business Finance
The Reserve Bank of India’s Monetary Policy Committee has kept the repo rate unchanged at 5.25%, taking a cautious approach as the West Asia conflict, crude oil prices and currency pressure create fresh risks for inflation and growth. RBI MPC Holds Repo Rate At 5.25% RBI Governor Sanjay Malhotra announced that the six-member Monetary Policy […]
South India State News
Senior Congress leader R Ramalinga Reddy has resigned as Karnataka minister just two days after taking oath, triggering the first major cabinet challenge for Chief Minister DK Shivakumar’s new government. Ramalinga Reddy Resigns As Karnataka Minister Reddy submitted his resignation after expressing dissatisfaction over the portfolio allocated to him in the new Karnataka
Business Markets
SEBI has barred Rajesh Exports Chairman and Managing Director Rajesh Mehta from dealing in the company’s securities after flagging serious allegations of financial misrepresentation, revenue inflation and disclosure lapses. SEBI Action Against Rajesh Exports The Securities and Exchange Board of India issued an interim order against Rajesh Exports after examining alleged
Business Markets
Indian equity benchmarks were largely flat on Thursday after recovering from early losses, as investors remained cautious over renewed US-Iran tensions, higher crude oil prices and the upcoming Reserve Bank of India policy decision. Indian Stock Market Recovers From Early Losses The Nifty 50 edged up 0.1 percent to 23,425.6, while the BSE Sensex gained […]
International
The United States has said Israel and Lebanon have agreed to implement a ceasefire, provided Hezbollah also stops attacks and withdraws from key areas in southern Lebanon. Israel-Lebanon Ceasefire Depends On Hezbollah The proposed ceasefire is conditional on Hezbollah halting its attacks against Israel and pulling its fighters out of areas south of the Litani […]
International
Venezuela’s Acting President Delcy Rodriguez has arrived in New Delhi on a five-day visit aimed at expanding bilateral cooperation, with energy security expected to remain a key focus of discussions. Delcy Rodriguez Begins India Visit Rodriguez arrived in India on Wednesday for a working visit from June 3 to June 7. She is scheduled to […]